Artificial Intelligence: Economic Growth
The question
To ask the Secretary of State for Science, Innovation and Technology, what discussions he has had with Cabinet colleagues on artificial intelligence and its role in economic growth.
Answered by Feryal Clark
Artificial Intelligence (AI) offers great economic potential for the whole of the UK.
The UK’s AI Sector was valued at £72.3bn in 2024 - larger than any country in Europe. Forecasts suggest it could eventually be worth over £800 billion by 2035.The AI Opportunities Action Plan will outline recommendations for Government, to harness AI's potential, including boosting economic growth, productivity, and job quality through widespread AI adoption.
DSIT's Secretary of State collaborates closely with cabinet colleagues on AI-related matters.
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